Quipt Home Medical Corp.QIPTEarnings & Financial Report
Quipt Home Medical Corp is a U.S.-based home medical equipment provider specializing in respiratory care, sleep therapy supplies, and chronic disease management products. It serves patients with long-term health conditions, partners with healthcare providers and insurance payers across operating regions to deliver accessible in-home medical solutions.
QIPT Q1 2026 Key Financial Metrics
Revenue
$49.0M
Gross Profit
$26.2M
Operating Profit
$1.0M
Net Profit
$-1.1M
Gross Margin
53.5%
Operating Margin
2.1%
Net Margin
-2.1%
YoY Growth
32.3%
EPS
$-0.02
Financial Flow
Quipt Home Medical Corp. Q1 2026 Financial Summary
Quipt Home Medical Corp. reported revenue of $49.0M (up 32.3% YoY) for Q1 2026, with a net profit of $-1.1M (up 2.9% YoY) (-2.1% margin). Cost of goods sold was $22.8M, operating expenses totaled $25.2M.
Key Financial Metrics
| Total Revenue | $49.0M |
|---|---|
| Net Profit | $-1.1M |
| Gross Margin | 53.5% |
| Operating Margin | 2.1% |
| Report Period | Q1 2026 |
Quipt Home Medical Corp. Annual Revenue by Year
Quipt Home Medical Corp. annual revenue history includes year-by-year totals (for example, 2025 revenue was $145.3M). Click any linked year to see what changed vs the prior annual report.
Quipt Home Medical Corp. Quarterly Revenue & Net Profit History
Quipt Home Medical Corp. results over the last 5 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 2026 | $49.0M | +32.3% | $-1.1M | -2.1% |
| Q4 2025 | $39.8M | — | $-3.5M | -8.9% |
| Q3 2025 | $35.1M | — | $-3.0M | -8.6% |
| Q2 2025 | $33.3M | — | $-3.0M | -9.1% |
| Q1 2025 | $37.1M | — | $-1.1M | -2.9% |
Income Statement
| Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|
| Revenue | $37.1M | $33.3M | $35.1M | $39.8M | $49.0M |
| YoY Growth | N/A | N/A | N/A | N/A | 32.3% |
Balance Sheet
| Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|
| Assets | $242.8M | $244.6M | $236.1M | $283.3M | $280.7M |
| Liabilities | $136.5M | $141.1M | $133.6M | $171.2M | $167.7M |
| Equity | $106.3M | $103.6M | $102.5M | $112.1M | $113.0M |
Cash Flow
| Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|
| Operating CF | $9.3M | $8.9M | $9.7M | $9.8M | $8.9M |